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Cofactor
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Cofactor AI Denials Suite

Cofactor AI Denials Suite is an AI-driven platform designed to automate the insurance denial appeal process for healthcare providers, especially for retroactive denials and audits. The system integrates with the EHR to extract relevant data and generate appeal letters tailored to each case, significantly reducing the time and manual effort required for denial management.

Overview
Customers
Integrations

Product Overview

Security and Compliance Certifications: HIPAA, SOC 2 Type 2
Cofactor AI Denials Suite is an AI-driven platform designed to automate the insurance denial appeal process for healthcare providers, especially for retroactive denials and audits. The system integrates with the EHR to extract relevant data and generate appeal letters tailored to each case, significantly reducing the time and manual effort required for denial management. By leveraging AI to analyze clinical notes, legal requirements, and past appeal outcomes, Cofactor AI helps hospitals and clinics improve their revenue cycle by recovering payments.

Customers Served

Hospital / Health System

Categories

Company Info

HQ Location
Chicago, Illinois
Founded
2023
Headcount
11-50
Total Funding
$4M
Latest Round
Seed
Latest Round
04/25/2024

Company Socials

LinkedIn
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Crunchbase
YouTube
Vimeo
GitHug

Pricing

ROI-based pricing

Vendor’s Notes

Use Cases

Hospitals and health systems use Cofactor to automatically generate appeals backed by clinical evidence, coding and standard of care guidelines, and peer-reviewed studies required to fight back against DRG downgrades, readmission denials, clinical necessity denials, RAC audits, and retrospective reviews.

Core Differentiators

Cofactor AI is the value capture engine that addresses the most painful bottlenecks in inpatient hospital billing. Our AI can identify discrepancies between claims, documentation, payer policies, and facility contracts fix claims in minutes.

Demos

Customers

2
Verified customers
0.5
Median usage (years)
Type
100%
0
1
2
Hospitals / Health System (2)

Integrations

See all (3)

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